Check out the companies that are trending in intraday trading. Nvidia — Shares of the artificial intelligence darling fell 6.2%, reversing course after rising to an all-time high early in the session. Nvidia announced a new gaming chip for computers using Blackwell technology at a conference in Las Vegas. Tuesday’s decline comes after a strong 2024 in which NVIDIA was the best performer in the S&P 500. UniFirst — The school and workwear maker soared nearly 21% after confirming that rival Cintas has submitted an offer to acquire the company for $275 per share in cash. The Wall Street Journal first reported the development. Cintas shares rose 2%. Getty Images , Shutterstock – The two image databases soared shortly after the companies announced a $3.7 billion merger, with the new company retaining the Getty name. Following the announcement, Getty soared more than 24% and Shutterstock rose nearly 15%. Aurora Innovation — Shares soared more than 29% after the self-driving technology company announced partnerships with Nvidia and Continental. The agreement focuses on the deployment of driverless trucks. Inari Medical — Shares soared more than 22% after Stryker announced it would acquire the medical device maker in a deal worth about $4.9 billion, or $80 per share in cash. Stryker shares fell 1.7%. FuboTV — The streaming service rose nearly 8%, adding to its 251% gain in the previous session. On Monday, Disney announced that it would integrate Fubo with its Hulu+ live TV service. Disney will own 70% of the company, and Fubo shareholders will own 30%. Micron Technology — The chipmaker rose 2.7%, extending Monday’s 10% gain. This week’s rally comes after Nvidia CEO Jensen Huang announced that the company is sourcing Micron’s G7 memory for new AI-powered graphics processing units. Moderna — The drug stock rose 11.7%. Moderna is one of the few pharmaceutical companies currently developing a vaccine for bird flu. Bird flu has been in the spotlight since the first human death was recorded in the United States. Paychex — Human resources shares rose 2.4% after the company entered into a definitive agreement to acquire HR software provider Paycor for $22.50 per share. Meanwhile, Payco shares fell 3%. Tesla — The electric car giant fell more than 4% after being downgraded from Buy to Neutral by Bank of America. The bank cited execution risks and high valuations as reasons for the suspension. Carvana — Shares rose 5% after RBC upgraded the online auto retailer to an outperform rating compared to sector performance. Analyst Brad Erickson said last month’s “controversial pullback” created an attractive buying opportunity for the stock. — CNBC’s Yun Li, Jesse Pound, Lisa Han, Michelle Fox, Sean Conlon and Sarah Ming contributed reporting
Stocks with the biggest price movements at midday: GETY, TSLA, MRNA, SSTK
